SFGTV2: San Francisco Government Television
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Nov 3, 2012
11/12
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and we see the drama all the way from 9-11 through katrina to whatever the next catastrophe is going to be. we live in a nuclear age. who would have predicted the united states would be fully invested in a response in japan? who would have predicted several years ago when a tsunami hit a country in indonesia which was predominately anti-american in its sentiment, mostly because of disinformation, mostly because as people grew up there they were given propaganda and told stories about the american those and what we do and how we do it, and they learned to feel we were the enemy. then they saw through that catastrophe, they saw the response of the lincoln battle group, they saw american military men and women in uniform as well as partnering with non-governmental organizations like project hope, operation smile, doctors without borders, they saw all those people coming off the ships and taking care of their loved ones, taking care of those who were hopeless and helpless. they saw that and it turned them around. it made the world a better place. it certainly made indonesia a better plac
and we see the drama all the way from 9-11 through katrina to whatever the next catastrophe is going to be. we live in a nuclear age. who would have predicted the united states would be fully invested in a response in japan? who would have predicted several years ago when a tsunami hit a country in indonesia which was predominately anti-american in its sentiment, mostly because of disinformation, mostly because as people grew up there they were given propaganda and told stories about the...
SFGTV2: San Francisco Government Television
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Oct 31, 2012
10/12
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SFGTV2
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we've developed these relationships and how do we avoid the mistakes that were made after hurricane katrina? but what we've also found is that by simply convening these groups, we are preparing ourselves not just for what happens after a disaster, but we are literally building our community today. with this coordinating council, we're figuring out how to fix the potholes, how to deal with the literally million people who are going to descend on our neighborhood this weekend, how to take care of the needs that we have, not just in the future after the big one, but today in 2012. and by bringing us together today, by tackling and talking about the problems we'll deal with tomorrow, we're actually achieving many things here at this moment in october. and, so, i want to ask you to think about how it is that you can help us to build these infrastructures, how you can help us to build community so that we're keeping ourselves safe today, this month, this year, and for many, many years to come. so, with that, again, i want to thank you for being here. and we as a civilian leadership of the city an
we've developed these relationships and how do we avoid the mistakes that were made after hurricane katrina? but what we've also found is that by simply convening these groups, we are preparing ourselves not just for what happens after a disaster, but we are literally building our community today. with this coordinating council, we're figuring out how to fix the potholes, how to deal with the literally million people who are going to descend on our neighborhood this weekend, how to take care of...
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Oct 31, 2012
10/12
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FBC
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but think of katrina, $2,000 debit cards they worked out well, people went out and bought tattoos and flat screen tvs, we have the mobile homes,. neil: in the mud. >> they sold them for a deep discount, and lost about a billion in that. governor jindal from new orleans, was complaining that federal government messes it up every step of the way, how could you expect them to do well, we could do much better if you just gave us the money, that is what mitt romney says, get federal bureaucrats out. neil: when this came out today, his back up against the wall, what to you say governor? do you say no fema? what do you think he should say. >> right now, it is a very delicate time, i'm not a politician, i say fema screws it up just about every time they get hole of it since they began in carter administration, whether it is a republican or a democrat, but still screwed up, and they screwed up under democratic presidents, he said he will not because it is a couple of days before the election, he does not want to be seen as using a natural disaster for political purposes. neil: and "new york ti
but think of katrina, $2,000 debit cards they worked out well, people went out and bought tattoos and flat screen tvs, we have the mobile homes,. neil: in the mud. >> they sold them for a deep discount, and lost about a billion in that. governor jindal from new orleans, was complaining that federal government messes it up every step of the way, how could you expect them to do well, we could do much better if you just gave us the money, that is what mitt romney says, get federal...
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Nov 1, 2012
11/12
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CSPAN
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this happened in katrina. there was some uncertainty about what caused a particular structural damage. in katrina you had all lots of houses and structures completely wiped off. the only thing left was a slab of concrete. and so, it was very difficult to determine whether the damage was caused by the wind associated with katrina or whether it was swept away by the storm surge. there was a lot of controversy about whether the damage was caused by wind or water. that's important. if it's caused by water, then the national flood insurance program picks up the tab. if wind, the private insurance market picks up that tab. this storm, i don't anticipate there being that much controversy surrounding this issue, partly because, based on the footage i have seen, there have not been the widespread slab properties at a total loss that katrina had. i think, in the storm we will have a better opportunity for the adjusters to come out and they use a very scientific process looking at the storms, looking at the actual damage
this happened in katrina. there was some uncertainty about what caused a particular structural damage. in katrina you had all lots of houses and structures completely wiped off. the only thing left was a slab of concrete. and so, it was very difficult to determine whether the damage was caused by the wind associated with katrina or whether it was swept away by the storm surge. there was a lot of controversy about whether the damage was caused by wind or water. that's important. if it's caused...
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Nov 1, 2012
11/12
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FOXNEWSW
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katrina. they have used the ploy and bush. hey i was told not to come in there that they didn't need the gridlock. this proves it. if you think. >> bill: let me set it up, that bloomberg told president obama and dennis miller not to come to new york. miller defied him but the president did not because the president is doing lump lomb lombado. >> in a heavily populated metropolitan area. they both start with new, new orleans or new york. the one mayor was hiding out in the penthouse trying to stay soft. >> bill: you couldn't freeze traffic zones because traffic isn't moving. >> i was 10 blocks away, billy. i gave up after 40 minutes and just walked over. >> bill: you can't go anywhere because the subways are out. >> just remember that folks when they tell you they were heartless and bush was heartless. they don't want the president in major area. good for bloomberg for saying it. >> bill: do you think that the hurricane is going to have any influence on the presidential vote next week? >> no. b
katrina. they have used the ploy and bush. hey i was told not to come in there that they didn't need the gridlock. this proves it. if you think. >> bill: let me set it up, that bloomberg told president obama and dennis miller not to come to new york. miller defied him but the president did not because the president is doing lump lomb lombado. >> in a heavily populated metropolitan area. they both start with new, new orleans or new york. the one mayor was hiding out in the penthouse...
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Oct 29, 2012
10/12
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CNNW
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all that changed post-katrina. the standup of northern command, which is out in california -- colorado, their job is to prepare the federal troops in support of the national guard. the whole paradigm shift in the national guard. for the first time, we have multiple federal duhac commanders authorized by the secretary of defense before the event and in each state, when federal troops come in, they will work on the national guard commander, the dual hat, all this happened post-katrina to try to make government more effective. don? >> if you were wounding what good could come out of katrina, that's one thing, at least one thing more prepared so people don't have to lose their lives and they can get where they should be well before the storm makes it ashore. >> a lot of preparedness have happened. people have understood, you got to use all the assets inside the city inside the state, turning schools into shelters. turning buildings, available buildings into shelter, using local transportation and see this thing up in n
all that changed post-katrina. the standup of northern command, which is out in california -- colorado, their job is to prepare the federal troops in support of the national guard. the whole paradigm shift in the national guard. for the first time, we have multiple federal duhac commanders authorized by the secretary of defense before the event and in each state, when federal troops come in, they will work on the national guard commander, the dual hat, all this happened post-katrina to try to...
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Nov 1, 2012
11/12
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CNBC
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also, i reported post-katrina from the gulf coast in alabama and mississippi, and when we were driving around we were always concerned about being able to find gas but we managed to do so and certainly, again, never saw lines like this. take a look at this. just look over my left shoulder here. these are the lines. this basically is the new reality for drivers in new jersey and some parts of new york. at least for the next several days. >> we did some errands around town, had enough gas. took care of business. and so we fill up for the duration. here we are, stuck in line. >> we got to take diesel fuel oil for our big vacuums we have. it is just a nightmare over there. it is a nightmare everywhere. >> reporter: you don't know how much of a nightmare. it could take you up to three hours here at the vince lombardi rest stop to get gas. the primary reason for the long lines -- lack of power. in new jersey more than 2 million homes or small businesses are without electricity and a lot of those small businesses are gas stations. if they don't have electricity, they can't pump gas leaving so
also, i reported post-katrina from the gulf coast in alabama and mississippi, and when we were driving around we were always concerned about being able to find gas but we managed to do so and certainly, again, never saw lines like this. take a look at this. just look over my left shoulder here. these are the lines. this basically is the new reality for drivers in new jersey and some parts of new york. at least for the next several days. >> we did some errands around town, had enough gas....
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Oct 29, 2012
10/12
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CNBC
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but that was worse in some ways than katrina was the gdp event. because katrina kind of localized. it was a gross domestic product event in that there was so much rebuilding that had to be done that there were just months and months and months of lumber going up, shingle going up, roof tile going up, appliance going up. from what you hear with 60 million people, this could be a gdp event. i know the futures are down. look, there's terrible tragedy coming if everybody's right. but there will be insurance that pays off billions. and that will go back into the u.s. economy. i'm not looking for silver lining when there is the lethality of the storm. be aware, they weren't looking for it either in andrew. then it was just months and months of better gdp. >> that's an excellent point. joining us this morning, former new york governor george pataki joining us on the cnbc newsline. good to have you. good morning. >> nice being on with you. >> i assume you heard part of the mayor's presser. normally when you're about eight, nine hours ahead of landfall, you get a little more clarity here. n
but that was worse in some ways than katrina was the gdp event. because katrina kind of localized. it was a gross domestic product event in that there was so much rebuilding that had to be done that there were just months and months and months of lumber going up, shingle going up, roof tile going up, appliance going up. from what you hear with 60 million people, this could be a gdp event. i know the futures are down. look, there's terrible tragedy coming if everybody's right. but there will be...
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Oct 29, 2012
10/12
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KRCB
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he was in two weeks after hurricane katrina. are you confident that fema is prepared given the sheer size of this storm, almost a thousand miles in dimer. >> it is a huge storm and the impact will on the storm is so big, it is impacti sever states from dall the way up to maine at the same time. but i am rae very comfortable. we have a great administrator running the organization. he gets it, he's from florida, a good emergency manager. doesn't run around with his hair on fire. so i'm confident they will do a good job. >> on a conference call today n fact, your successor, mr. fugate said the disaster fund at fema has a billion dollars in t more or less. is that enough for this kind of response that will be necessary? >> probably at the end of the day the expenses will be more than that. but yes, it's enough for now. what the president has de, he psident has done a prelandfa declaration of all of the states up the east coast. so that allows the administrator to move supplies in now, move people in now, rescue teams in, and to get
he was in two weeks after hurricane katrina. are you confident that fema is prepared given the sheer size of this storm, almost a thousand miles in dimer. >> it is a huge storm and the impact will on the storm is so big, it is impacti sever states from dall the way up to maine at the same time. but i am rae very comfortable. we have a great administrator running the organization. he gets it, he's from florida, a good emergency manager. doesn't run around with his hair on fire. so i'm...
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Oct 31, 2012
10/12
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CNNW
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he says what's happening there reminds him of katrina. gary, tell me why you believe that. >> reporter: piers, this is a city of 50,000 people right across the hudson river in new york city. yes, it does remind me of hurricane katrina because behind us, we have 50% of hoboken flooded and there are, according to the mayor, thousands of people in their apartments and homes who can't get out right now. so we actually went on a front loader with the mayor, they're using front loaders who rescue people. what's different about this than new orleans, what we saw in katrina in 2005 when we went down streets in boats, there are no casualties. that's the good news. but they're still not 100% sure. people can't leave their homes, not only because the water's deep but because there's live power lines in the water. so as we're going down the street in the front loader we see people waving from the windows, children, men, women, and most of them seem to have smiles on their faces because they have seen the water recede. in new orleans the water kept ge
he says what's happening there reminds him of katrina. gary, tell me why you believe that. >> reporter: piers, this is a city of 50,000 people right across the hudson river in new york city. yes, it does remind me of hurricane katrina because behind us, we have 50% of hoboken flooded and there are, according to the mayor, thousands of people in their apartments and homes who can't get out right now. so we actually went on a front loader with the mayor, they're using front loaders who...
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Nov 3, 2012
11/12
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MSNBCW
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katrina cost roughly $100 billion. the u.s. army corps of engineers spent i think on the order of $15 billion after the storm to fix the problem. it would have taken maybe $8 billion to $10 billion or something like that to fix it before the problem. so, for every $1 that you spend ahead of disaster protecting against disaster has been on average nationwide shown to save you $4 of not-incurred losses. >> right. >> in new orleans it would be a 10-1 benefit cost. >> i should also say there are some people and harry chscherre is one of them and say it's still not fixed. >> and you have to think about it because we should not fall into the trap what we are in new orleans. so, there's the discussion about barriers. i think all options are right now on the table. what we have to do is spending money so engineers, not levees, but engineers can go through the options and price them out and then see for how long that is good. >> i just want to intervene, again, on the political issue here which is that the republican party has been agai
katrina cost roughly $100 billion. the u.s. army corps of engineers spent i think on the order of $15 billion after the storm to fix the problem. it would have taken maybe $8 billion to $10 billion or something like that to fix it before the problem. so, for every $1 that you spend ahead of disaster protecting against disaster has been on average nationwide shown to save you $4 of not-incurred losses. >> right. >> in new orleans it would be a 10-1 benefit cost. >> i should...
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Nov 1, 2012
11/12
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MSNBC
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it's been coordinated unlike some of what happened in katrina. and you heard governor christie, who is a republican with president obama working together, and that's how it's been from the president, to the governor, to the counties and the towns. one of the things that i did today was talk to fema about trying to get an office and staff person in various parts of the district today, and they're working on it, and with the money that comes to downs for recovery to rebuild board walks or municipal buildings, i think there is a 25% state and local match. so we ask that that be waived. many of the towns are small and can't afford that. so there's a lot of cooperation going on. >> when you're making those calls, someone is answering your call and you're getting responses -- >> i literally called the fema while i walked into the nbc building today and they called me back in ten minutes. >> i know you were personally evacuated, i know you're back without power, good luck to you, stay in touch. >> thank you. >> for reference, this is the sixth district
it's been coordinated unlike some of what happened in katrina. and you heard governor christie, who is a republican with president obama working together, and that's how it's been from the president, to the governor, to the counties and the towns. one of the things that i did today was talk to fema about trying to get an office and staff person in various parts of the district today, and they're working on it, and with the money that comes to downs for recovery to rebuild board walks or...
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Nov 1, 2012
11/12
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MSNBCW
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eye 131
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and it's been coordinated, unlike some of what happened in katrina. and you heard, you know, governor christie, who's a republican, with president obama, working together. and that's how it's been, from the president to the governor, all the way down to the county and the towns. so one of the things that i did today, in fact, i was just on the phone before i came in here, was talk to fema about trying to get an office and a staff person in various parts of the district that i viewed today, and they're working on it. i also asked, with the money that comes to towns for recovery, like to rebuild their boardwalks or their municipal buildings if they've lost it or their streets, i think there's a 25% state and local match. so we've asked and i believe the governor asked today that that be waived. a lot of these towns are very small and they can't afford that 25% match. so there's a lot of cooperation going on. >> and when you're making those calls, somebody's answering your calls and you're getting responses? >> i literally called fema, when i walked into
and it's been coordinated, unlike some of what happened in katrina. and you heard, you know, governor christie, who's a republican, with president obama, working together. and that's how it's been, from the president to the governor, all the way down to the county and the towns. so one of the things that i did today, in fact, i was just on the phone before i came in here, was talk to fema about trying to get an office and a staff person in various parts of the district that i viewed today, and...
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Nov 1, 2012
11/12
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WMAR
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closest thing to katrina since '05. you are seeing the country changed after the storm, even response on every level has changed as well. interesting to watch, yet again for sure. >> yeah. >> coming up next, images are almost too much for adults to comprehend. for children, the pictures from sandy could be downright heartbreaking and confusing. >> we'll show you what one familiar fuzzy face is doing to help them understand. ♪ we have all been assaulted by the sights and sound of hurricane sandy. they can be hard for an adult but overwhelming for a child. >> imagine what it is like for kids. gma anchor josh elliott has this story. >> reporter: we adults called it a super storm. amidst the ferocity of nature's wrath, it was just plain scary. how do you talk to kids about getting through the storm of the century. we got together with a panel of newly minted veterans. and, an expert on kids. our friend elmo. >> i have a little daughter named serena, she actually, elmo wanted to ask you this question, what should she do if
closest thing to katrina since '05. you are seeing the country changed after the storm, even response on every level has changed as well. interesting to watch, yet again for sure. >> yeah. >> coming up next, images are almost too much for adults to comprehend. for children, the pictures from sandy could be downright heartbreaking and confusing. >> we'll show you what one familiar fuzzy face is doing to help them understand. ♪ we have all been assaulted by the sights and...
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140
Oct 29, 2012
10/12
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MSNBC
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eye 140
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i think frankly it won't have mattered who came into the presidency in the post katrina world there was going to be an emphasis on fema. you weren't going to let that get politicized. yes, it's a political appointee and you're going to have somebody who came with a background to do this stuff. so i think that they realize that it's a high-wire act, this emergency management business. and most of the time if you do a good job it's good politics. if you blow it, it's really bad politics. >> i agree. >> it can be unrecoverable politics. so this is a case where good politics and good public policy and good management all converge. it's good politics to do a good job. you're not playing one side against the other. >> you know, i've always thought that the democrats being the government party because they believe in government more than republicans owe a greater debt, a greater responsibility to be good at it, right? this is a little more ideological but it seems to me if the democrats are going to defend the federal government's role in our lives, they better be good at executing it and that
i think frankly it won't have mattered who came into the presidency in the post katrina world there was going to be an emphasis on fema. you weren't going to let that get politicized. yes, it's a political appointee and you're going to have somebody who came with a background to do this stuff. so i think that they realize that it's a high-wire act, this emergency management business. and most of the time if you do a good job it's good politics. if you blow it, it's really bad politics. >>...
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bush with hurricane andrew and katrina, of course. so following up on rahm emanuel, he might have thought hurricanes generally play better for democrats in that they require that kind of federal aid. you cannot -- no state, no city can do this on this its own and that was what was poignant with governor christie and president obama. yeah, i think that's true. >> edmund, this was a case of leadership that is perhaps a little bit more like theodore roosevelt than ronald reagan in the sense whether it's christie or obama, seemed a take-charge attitude. >> appearance matters. they were masters of action on camera. and what the american people relate to, particularly during an election season, is the president in action. and here we've -- if i were running for re-election to the presidency, i would pray for an emergency like this, because we look to our presidents to dramatize and to make sense of natural catastrophes. theodore roosevelt had the san francisco earthquake to deal with which he greatly enjoyed and reagan had several great the
bush with hurricane andrew and katrina, of course. so following up on rahm emanuel, he might have thought hurricanes generally play better for democrats in that they require that kind of federal aid. you cannot -- no state, no city can do this on this its own and that was what was poignant with governor christie and president obama. yeah, i think that's true. >> edmund, this was a case of leadership that is perhaps a little bit more like theodore roosevelt than ronald reagan in the sense...
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Oct 31, 2012
10/12
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CNNW
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eye 296
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while we are going down the streets, it reminded me of what we experienced in 2005 with katrina. fortunately in this city, no one has died. there are no confirmed injuries. that is the good news. but it certainly looked like new orleans. what also looked like new orleans, when you looked in the windows. what we saw in the windows were children, mothers and fathers, waving at us, in most cases smiling. people on balconies waving at us. why were they smiling? what they've seen is the water receding. that's the good news, it's gone down from yesterday. the reason they can't get out of their homes is because the water not only is four or five feet deep, but there are also believed to be live power lines in the water. so it could be fatal to walk outside your house. spirits seem good but it was sure strange to see people in their windows, stuck in their homes with no power whatsoever, no heat and in some cases not a lot of food or water. we also saw people who seemed a little disoriented and confused and were trying to get out of their homes. in one case i saw two people trying to dri
while we are going down the streets, it reminded me of what we experienced in 2005 with katrina. fortunately in this city, no one has died. there are no confirmed injuries. that is the good news. but it certainly looked like new orleans. what also looked like new orleans, when you looked in the windows. what we saw in the windows were children, mothers and fathers, waving at us, in most cases smiling. people on balconies waving at us. why were they smiling? what they've seen is the water...
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Oct 30, 2012
10/12
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CNNW
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we'll talk to the man who led the military response to hurricane katrina in new orleans. more than 7.5 million people are living without power today because of the massive storm. we're going to go live to virginia where tens of thousands are in the dark. >>> and half of the city's hoboken, new jersey, flooded. we'll talk with the mayor about what folks are going through there. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. prand you're seeing that rightno quit in amnow.a... [ male announcer ] sounds good. over five million new jobs. exports up forty one percent. home values... rising. our auto industry... back. and our heroes are coming home. we're not there yet, but we've made real progress and the... last thing we should do is turn back now. here's my plan for the next four years: making educa
we'll talk to the man who led the military response to hurricane katrina in new orleans. more than 7.5 million people are living without power today because of the massive storm. we're going to go live to virginia where tens of thousands are in the dark. >>> and half of the city's hoboken, new jersey, flooded. we'll talk with the mayor about what folks are going through there. [ fishing rod casting line, marching band playing ] [ male announcer ] the rhythm of life. [ whistle blowing ]...
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213
Oct 31, 2012
10/12
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CNBC
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eye 213
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it's about twice the size geographically of katrina, that's the bad news. the good news is that its wind speeds were about two-thirds of what katrina was and that's sort of an exponential impact so there should be a lot less damage but it's much wider spread so there's as you know this is just a massive storm and there's a lot of work to be done. >> absolutely. i want to point out we are looking at pictures while you and i chat of brigantine, new jersey, where governor christie and president obama will make comments. i want to make sure our viewers know what we're looking at, along with looking at you. i was talking to a gentleman, bill rudin, leading the recovery effort down here in new york and we were talking about the differences in flood damage as well as other damage. there is a small amount of federal money for flood damage for folks. how much do you cover in terms of flood damage versus other damage relative to what the government is covering? >> well, the first thing maria is if you are a customer, we're out talking to you, trying to figure out wha
it's about twice the size geographically of katrina, that's the bad news. the good news is that its wind speeds were about two-thirds of what katrina was and that's sort of an exponential impact so there should be a lot less damage but it's much wider spread so there's as you know this is just a massive storm and there's a lot of work to be done. >> absolutely. i want to point out we are looking at pictures while you and i chat of brigantine, new jersey, where governor christie and...
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Oct 27, 2012
10/12
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KPIX
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eye 294
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>> in terms of size, we chased hurricane katrina in new orleans. this won't be another hurricane katrina but a different type of storm. you'll have more widespread impacts of 70 to 80 mile-per-hour winds. a lot of power outages. a lot of coastal erosion. basically from wherever it makes landfall. it's forecast to make landfall from new jersey. anywhere from there northeast you'll have a lot of coastal erosion and rainfall in the higher elevations flash flooding can be a big problem like hurricane katrina. this is become this hybrid so you have alpha sets of extreme weather. >> thanks so much for being with us this morning. >> thanks for having me. >> here's lonnie with another check of the weather across the nation. >> i do want to start off, just touch upon what reid was saying. look at the path of this storm. how it comes in with a westerly component. that puts all that water into the new york place. nowhere to go. lawful will be somewhere around let's say atlantic city and it would be late monday night going into tuesday morning but that's the s
>> in terms of size, we chased hurricane katrina in new orleans. this won't be another hurricane katrina but a different type of storm. you'll have more widespread impacts of 70 to 80 mile-per-hour winds. a lot of power outages. a lot of coastal erosion. basically from wherever it makes landfall. it's forecast to make landfall from new jersey. anywhere from there northeast you'll have a lot of coastal erosion and rainfall in the higher elevations flash flooding can be a big problem like...
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Oct 30, 2012
10/12
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FBC
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the total cost exceed that of katrina? liz macdonald joins us for a live report and also to assess what is likely in store for investors on wall street tomorrow as well. much more straight ahead. stay with us. ♪ [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy withtep-by-step help when completing your personalized document -- or you can even access an attorney to guide you along. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any quesons. get started at legalzoom.com today. and now you're protected. ♪ lou: well, what was once hurricane sandy continues to weaken tonight as the system makes it strike across pennsylvania into southern
the total cost exceed that of katrina? liz macdonald joins us for a live report and also to assess what is likely in store for investors on wall street tomorrow as well. much more straight ahead. stay with us. ♪ [ male announcer ] do you have the legal protection you need? at legalzoom, we've created a better place to turn for your legal matters. maybe you want to incorporate a business you'd like to start. or protect your family with a will or living trust. legalzoom makes it easy...
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the total cost exceed that of katrina? liz macdonald joins us for a live report and also to assess what is likely in store for investors on wall street tomorrow as well. much more straight ahead. stay with us. ♪ ♪ lou: well, what was once hurricane sandy continues to weaken tonight as the system makes it strike across pennsylvania into southern canada, the worst of sandy's winds are over as the -- what is now called the super storm heads, but windy conditions will continue over the great lakes into tomorrow. forecasters saying the higher elevations of northern west virginia could also get as much as 8 inches of additional snow overnight. well, the trail of destruction, as we reported to you at the outset, leaving at least 39 people dead in this country. more than 8 million customers are without power on the east coast and the economic effects will not be known for some time. joining us now to assess the impact that this circuit will have on the economy, we are joined by fox news editor liz macdonald. let's start with j
the total cost exceed that of katrina? liz macdonald joins us for a live report and also to assess what is likely in store for investors on wall street tomorrow as well. much more straight ahead. stay with us. ♪ ♪ lou: well, what was once hurricane sandy continues to weaken tonight as the system makes it strike across pennsylvania into southern canada, the worst of sandy's winds are over as the -- what is now called the super storm heads, but windy conditions will continue over the great...
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some are saying it could be as big as hurricane katrina. how could that be? >> we are talking the east coast. we are talking about places that aren't necessarily prepared for this stuff. new york city shut down for two-days the stock market shut down for two-days. i think we are going to end up adding in the lost costs -- the subways aren't up for another two-days. that number is large there's no doubt about it. the estimates seem to be picking up. yesterday there was credible sources saying 35-45 billion. >> you look at the infrastructure new york city, the tunnels, boston elsewhere the number really starts going up. >> flooding unique flooding, salt water. this is an uncommon storm unusual cha will be involved as well. >> the economy is certainly growing at not too great rate. an anemic rate. what does it mean for the overall economy. >> it is pretty frightening. you couple this with the notion of fiscal cliffs. the last couple weeks the stock market is getting hammered in part because the economy we talked about 1.3 percent in the second quarter. first rea
some are saying it could be as big as hurricane katrina. how could that be? >> we are talking the east coast. we are talking about places that aren't necessarily prepared for this stuff. new york city shut down for two-days the stock market shut down for two-days. i think we are going to end up adding in the lost costs -- the subways aren't up for another two-days. that number is large there's no doubt about it. the estimates seem to be picking up. yesterday there was credible sources...